Chinese dairy company Yili announced that it will invest CNY1.103 billion to build a new formula plant in New Zealand, which is expected to produce 47,000 tons of milk powder every year on its completion.
Lotte's duty free store has launched the Chinese-language Internet shopping website, providing convenience to the ever-growing Chinese tourists in South Korea.
Chinese B2C e-commerce website 360buy.com announced that it has formed a strategic cooperation partnership with Nokia, and the two parties signed a CNY2 billion procurement agreement for 2013.
China's Jiajia Food Group plans to invest CNY101 million to acquire a 100% stake in Langzhong Wang Zhong Wang Food Company.
The international food and beverage group Yum! Brands Inc. announced its operating revenue expectations for the fourth quarter of 2012, and said the individual restaurant sales in China may decrease by 4% year-on-year.
Starbucks announced in Yunnan that the company's first coffee growers support center in Asia has been formally put into operation in Pu'er, Yunnan province.
According to an internal document from 360buy.com, a Chinese B2C e-commerce website, the company has set up a new user experience department, which is the seventh first-tier department of the company.
Yihaodian.com, a Chinese B2C e-commerce website and a subsidiary of Wal-Mart, announced that since the launch of its open supply chain platform named "Service by Yihaodian" in June 2012, this project has attracted over 400…
Swiss watch manufacturer MB&F launched a new watch specialty store in Beijing's Yintai Centre in mid-October and will hold the opening ceremony and start formal operation this week.
American luxury brand Coach is planning to open a new flagship store in Chengdu, provincial capital of Sichuan province, and the new store will probably be located in Chengdu's International Financial Center.